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Comparision (Upstox VS Flattrade)

 

Upstox Vs Flattrade

Upstox
Upstox is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix. Upstox provides many more rich trading features like trading, analysis, charter and etc. It provides ease to place orders through phones and browsers. Upstox provides a completely Upstox Free trading account and free trading as well in Equity Delivery Segment. Upstox refer and earn review program is also available in which you can refer your friends to trading with Upstox.

Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Upstox Vs Flattrade - Broker Details

Upstox Flattrade
Single Margin Facility
Year of Incorporation 2009 2004
Exchanges BSE, NSE and MCX BSE, NSE and MCX
Branches Zero 6
Brokerage ₹20/ Order or 0.05% (Whichever is lower) ₹0 (Free)
Broker Type Discount Broker Discount Broker

Upstox Vs Flattrade - Account Opening & AMC Charges

Upstox Flattrade
Trading Account Opening Charge ₹0 (Free) ₹200 + GST
Demat Account Opening Charge ₹0 (Free) ₹0 (Free)
Demat Account AMC ₹0 (Free) ₹0 (Free)
Trading Account AMC ₹0 (Free) ₹0 (Free)

Upstox Vs Flattrade - Brokerage charges & Plans

Upstox Flattrade
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹0 (Free)
Equity Options ₹20/ Order ₹0 (Free)
Commodity Options ₹20/ Order ₹0 (Free)
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Currency Options ₹20/ Order ₹0 (Free)
Fixed Charges ₹20/ Order ₹0 (Free)
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)

Upstox Vs Flattrade - Other Charges

Upstox Flattrade
RMS Square Off Charge (₹50 + GST) ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges (₹50 + GST) ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹0 (Free)
Minimum Brokerage ₹20/ Order ₹0 (Free)

Upstox Vs Flattrade - Transaction Charges

Upstox Flattrade
Currency Options NSE: Exchange turnover charge: 0.04% |Clearing charge: 0.025% | BSE: Exchange turnover charge: 0.001% Clearing charge: 0.025% NSE : 0.035% | BSE : 0.001%
Equity Futures NSE: Exchange turnover charge: 0.0020% | Clearing charge: 0.0002% 0.0020%
Equity Intraday NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE : 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50)
Equity Options NSE: Exchange turnover charge: 0.053% | Clearing charge: 0.005% 0.053% (on premium)
Commodity Non-Agri: Exchange turnover charge: 0.0026% 0.0026% | 0.0013% (FAR MONTH CONTRACT) | Commodity option:- 0.05%
Currency Futures NSE: Exchange turnover charge: 0.0009% | Clearing charge: 0.0004% | BSE: Exchange turnover charge: 0.00022% | Clearing charge: 0.0004% NSE : 0.0009% | BSE : 0.00022%
Equity Delivery NSE: 0.00345% trade on buy & sell | BSE: charges vary as per the scrip group NSE: 0.00345% (FOR NIFTY 50, NIFTY NEXT 50); BSE 0.003% | NSE: 0.00275% (OTHER THAN NIFTY 50 & NIFTY NEXT 50)

Upstox Vs Flattrade - Margin (Exposure)

Upstox Flattrade
Equity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)

Upstox Vs Flattrade - Features

Upstox Flattrade
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator Flattrade - (Share Trading App), Web Trading
SMS Alerts for Trades
Direct Mutual Fund

Upstox Vs Flattrade - Review & Rating

Upstox Flattrade
Trading Brokerage
Customer Service
Fees
Trading Platform Usability
Mobile App
Research
Desktop Software
Overall Ratings
Broker Rating
Call Back Open Account Call Back Open Account

Upstox Vs Flattrade - Request a call back from Broker

Upstox Flattrade

Upstox Vs Flattrade - Investment Options

Upstox Flattrade
Currency
IPO
Commodity
Debt
Other Options
Stock Cash / Equity
Mutual Funds
Bond / NCD

Upstox Vs Flattrade - Order Type

Upstox Flattrade
Bracket Order/BO/OCO
BTST
Cover Order/CO
Good Till Cancelled (GTC)
BUY ABOVE/SELL BELOW (SL-M)
After Market Order(AMO)
STBT

Upstox Vs Flattrade - Research & Report

Upstox Flattrade
Free Tips
Quarterly Result Analysis
Daily Market Report
News Alerts

Upstox Vs Flattrade - Daily Market Report

Upstox Flattrade
Daily Market Reports & News

Upstox Vs Flattrade - Suitable For Investor

Upstox Flattrade
Casual Investor
Active Investor
Trader

Upstox Vs Flattrade - Pros & Cons

Upstox Flattrade
Pros 1.Brokerage free trading in Equity delivery segment. 2. For customers convenience, mobile trading app is available. 3. Both web and mobile has After Market Order (AMO), (CO) or (OCO) order. 4. Availability of stop loss in both web and mobile. 5. Availability of multiple indicators to monitor market. 6. Upstox bridge for Amibroker helps to code and execute the trading strategies. 7. Availability of 1000’s of Mutual funds where customer can choose Lumpsum or SIP pattern of investing. 8.Availability of Margin against shares. 1. It provides free account opening and annual maintenance charges. 2. It has a strong hold on the southern part of India. 3. They offer offline branches as to serve their customers offline. 4. It provides various decent customer services to its customers. 5. Zero Brokerage in All Segments
Cons 1. Unavailability of unlimited monthly trading plans. 2.Extra charge of call and trade fee on per executed order. 3. In case, customer does not square off the Intra day square orders, extra charge of ₹20 is charged per executed order. 4. No provision for stock tips and recommendations. 5. Unavailability of 3 in 1 account. 6. Customer support is time constraint. 7.Unavailability of margin funding on delivery trades. 1. It has a limited number of trading and investment products. 2. It has less focus on technology with only one in-house trading platform (Mobile app) and that too is kind a mediocre in performance. 3. The fortune trading is petty limited. 4. Exchange transactions charges are higher than other discount brokers.

Upstox Vs Flattrade - Background

Upstox Flattrade

Upstox Vs Flattrade - Compare All Brokers

Upstox Flattrade

Upstox Vs Flattrade - STT/CTT

Upstox Flattrade
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on Sale side
Equity Options 0.05% only on sell 0.05% on sell side (on premium) | Option Excised 0.125%
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% Buy & Sell
Equity Futures 0.01% only on sell 0.01% on sell side
Commodity Options 0.05% on sell trade 0.05% on sell side

Upstox Vs Flattrade - Demat transaction charges

Upstox Flattrade
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹20 + GST per scrip only on sell

Upstox Vs Flattrade - GST

Upstox Flattrade
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (brokerage + transaction charges + SEBI charges)

Upstox Vs Flattrade - SEBI Charges

Upstox Flattrade
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs Flattrade - Account Opening & AMC Charges

Upstox
Flattrade
Trading Account Opening Charge
₹0 (Free)
₹200 + GST
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
 
Call Back Open Account
Call Back Open Account

Upstox Vs Flattrade

Upstox Flattrade
 

Upstox Review 2024 - Brokerage Charges, Account Opening, Margin

Upstox (which was earlier known as RKSV securities) is a low-cost broking firm, whose main motive is to provide trading opportunities at unbeatable prices. Upstox is being backed by a group of investors like: Kalaari capital, Ratan Tata and GVK Davix.

+ " Vs "+ Flattrade
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Flattrade Review

Flattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004 as Fortune Capital Services Private Limited. It is one of the fastest growing financial brokers. It is an expert in offering the zero brokerage&nbs ..
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Flattrade
Flattrade Capital Services Review 2024 gives an overall view of the updates about the Brokerage Charges, Margin, Trading Software, Flattrade Capital Demat Account Charges, NRI Account, Branches, Customer Support, Advantages and Disadvantages.

Upstox Vs Flattrade - Brokerage charges & Plans

Upstox Flattrade
Commodity Futures ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Currency Futures ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Equity Delivery ₹20/ Order or 2.5% (whichever is lower) ₹0 (Free)
Equity Options ₹20/ Order ₹0 (Free)
Commodity Options ₹20/ Order ₹0 (Free)
Equity Futures ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Currency Options ₹20/ Order ₹0 (Free)
Fixed Charges ₹20/ Order ₹0 (Free)
Equity Intraday ₹20/ Order or 0.05% (whichever is lower) ₹0 (Free)
Call Back Open Account Call Back Open Account

Upstox Vs Flattrade - Margin (Exposure)

Upstox Flattrade
Equity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Equity Intraday 5x (Up to 20% of trade value) 5x (Up to 20% of trade value)
Currency Options 1x (100% of NRML margins(SPAN + Exposure) 1x (100% of NRML margin (Span + Exposure)
Commodity Options Option Sell: 1x | Option Buying: No Margin 1x (100% of NRML margin (Span + Exposure)
Commodity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Delivery 1x (no margin) 1x (100% of trade value)
Currency Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Equity Futures 1x (100% of NRML margin (Span + Exposure) 1x (100% of NRML margin (Span + Exposure)
Call Back Open Account

Upstox Vs Flattrade - Other Charges

Upstox Flattrade
RMS Square Off Charge (₹50 + GST) ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST
API Charges ₹0 (Free) ₹0 (Free)
Call & Trade Charges (₹50 + GST) ₹50 +GST | Equity Options & Currency Options:- ₹20 + GST
Other Brokerage Charges ₹20/ Order or 0.05% ( Whichever is lower) ₹0 (Free)
Minimum Brokerage ₹20/ Order ₹0 (Free)

Upstox Vs Flattrade - STT/CTT

Upstox Flattrade
Commodity Futures 0.01% on sell trade (Non-Agri) 0.01% on sell side
Currency Futures No STT No STT
Equity Intraday 0.025% only on sell 0.025% on Sale side
Equity Options 0.05% only on sell 0.05% on sell side (on premium) | Option Excised 0.125%
Currency Options No STT No STT
Equity Delivery 0.1% on both buy & sell 0.1% Buy & Sell
Equity Futures 0.01% only on sell 0.01% on sell side
Commodity Options 0.05% on sell trade 0.05% on sell side

Upstox Vs Flattrade - Demat transaction charges

Upstox Flattrade
Equity Demat Transaction Charges Equity (F&O, Intraday) No Charges | Equity Delivery- ₹18.5 + Gst per scrip per day only on sell ₹20 + GST per scrip only on sell

Upstox Vs Flattrade - GST

Upstox Flattrade
Equity/Currencies/Commodities ( Delivery & FNO) 18% (on brokerage + transaction charges) | Equity Delivery - 18% (on brokerage + transaction + demat charges) 18% on (brokerage + transaction charges + SEBI charges)

Upstox Vs Flattrade - SEBI Charges

Upstox Flattrade
Equity/Currencies/Commodities ( Delivery & FNO) ₹10/ Crore ₹10/Crore

Upstox Vs Flattrade - Features

Upstox Flattrade
Online Portfolio
Algo Trading
Margin Trading Facility
Call & Trade Facility
Referral Program
Collateral Margin
Online Demo
3 in 1 Account
Charting
Intraday Square-off Time Equity Cash:- 3:15 PM (Co- 3:10 PM) | Equity Derivatives:- 3:20 PM (Co- 3:10 PM) | Currency Derivatives:- 4:30 PM(Co- 4:35 PM) Commodities:- 40 mins prior to when the market closes at 11:30 PM 30 mins prior to when the market closes at 11:55 PM Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodity:-11:30 PM
Trading Platform 1.Pro Web (Web-based trading platform) 2.Pro Mobile (mobile trading application) 3.Algo Lab (bridge for Amibroker) 4.Option Strategy Builder 5.Order Generator Flattrade - (Share Trading App), Web Trading
SMS Alerts for Trades
Direct Mutual Fund
Call Back Open Account

Upstox

Flattrade